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Turkey silent on terms of power supplies from Armenia

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  • Turkey silent on terms of power supplies from Armenia

    TendersInfo
    July 15, 2010 Thursday



    Turkey silent on terms of power supplies from Armenia



    Turkish side has not declared the new terms of start of power supply
    from Armenia, but the negotiation process continues.


    The agreement on the establishment of direct power supplies from
    Armenia to Turkey was signed between Armenian Ministry of Energy and
    Natural Resources, High-voltage power grids and Belgian UNIT importing
    and distribution high voltage power in Turkey on 4 September 2008.

    We had a contract with the Turkish companies under which the power
    supplies will start with 1.5bn KW/H a year with the further increase.
    Our potential has grown due to availability of new capacities.

    By a preliminary agreement, Armenia will start supplies from 1.5bn
    KW/Hs a year raising it to 3.5bn KW/Hs a year in the coming years. The
    cost of power was expected to be $57 per 1,000 KW/Hs of power but the
    final price will be corrected due to changes in price of gas and in
    connection with the final terms of supplies.




    From: A. Papazian
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